Direct debits

In the course of standardization and harmonization, the Swiss financial center intends to depict the various direct debit procedures operated by the banks and PostFinance in one market solution.

The new solution shall offer advantages to companies and their customers alike. Until further notice, it will still be possible to transmit direct debits – depending on the bank's offer – with the pain.008 message, based on the ISO 20022 standard, or with TA 875.